Somewhat Positive Media Coverage Somewhat Unlikely to Affect JinkoSolar (NYSE:JKS) Share Price

Headlines about JinkoSolar (NYSE:JKS) have been trending somewhat positive on Friday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. JinkoSolar earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 46.3295652992921 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern’s analysis:

A number of analysts recently issued reports on JKS shares. Zacks Investment Research raised shares of JinkoSolar from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 23rd. ValuEngine downgraded shares of JinkoSolar from a “buy” rating to a “hold” rating in a research report on Saturday, December 9th. Axiom Securities started coverage on shares of JinkoSolar in a research report on Thursday, September 21st. They set a “sell” rating and a $10.00 target price for the company. Roth Capital increased their target price on shares of JinkoSolar from $18.00 to $26.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 26th. Finally, Goldman Sachs Group assumed coverage on shares of JinkoSolar in a research report on Tuesday. They set a “sell” rating and a $16.00 target price for the company. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $18.86.

Shares of JinkoSolar (NYSE:JKS) opened at $24.77 on Friday. JinkoSolar has a 1 year low of $13.70 and a 1 year high of $30.50. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.02 and a quick ratio of 0.77. The stock has a market cap of $808.75, a P/E ratio of 41.98, a price-to-earnings-growth ratio of 2.14 and a beta of 1.90.

JinkoSolar (NYSE:JKS) last released its quarterly earnings results on Thursday, December 7th. The semiconductor company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.13). JinkoSolar had a return on equity of 3.99% and a net margin of 4.36%. The company had revenue of $964.80 million for the quarter, compared to analyst estimates of $849.17 million. During the same period in the previous year, the business posted $1.40 EPS. The firm’s quarterly revenue was up 12.8% compared to the same quarter last year. equities research analysts forecast that JinkoSolar will post 0.77 EPS for the current fiscal year.

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JinkoSolar Company Profile

JinkoSolar Holding Co, Ltd. operates in the photovoltaic (PV) industry. The Company has built a vertically integrated solar power product value chain, from recovering silicon materials to manufacturing solar modules and solar power generation. The Company’s segments include the manufacturing segment and the solar power projects segment.

Insider Buying and Selling by Quarter for JinkoSolar (NYSE:JKS)

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